Engelo Rumora
How much profit should you make on your first flip?
I know when you first get started investing in real estate, money is always a tough situation. You never want to lose money when you're buying and flipping a house. When flipping a house you should make as much profit...
Dave Slaughter
Wholesaler working with agents question
In other podcasts and blogs it had been advised to network with agents to market for deals by asking them if they have any sellers looking to move a property quickly. My question is what if they do? How would a whole...
Alex Johnson
Nightmare Tenant + Covid19 = No rent, no evictions, harassment
HELP! **I know its long, but please read**
My step brother and I bought a 2 family home in MA, in a great location. We both work from home, and live in the top unit. Our tenant is a 61 year old woman, and lives in...
Jorge Vazquez
Most real investors should not buy from realtors....
Most real investors should not buy from realtors unless the realtor is an investor themselves and understand the business. Unfortunately, most seasoned realtors don’t even know how to calculate a cap rate. Even less a...
Alice K.
Ever get jealous? How do $1M homeowners own that?!
Every single time I'm in any grocery store, walking the street, or anywhere in a posh neighborhood, esp. the Bay Area, I think: * "Golly, gosh, gee, how do these people afford these wonderful homes?"* "What do I have ...
Maria Dantas
Turnkey Nightmare with Morris Invest - Indianapolis
Hi there fellow investors!We've done our first turnkey purchase with Morris Invest in Indianapolis about 6 month ago. A house in a C neighborhood near downtown, for about 50k. For this price the house was supposed to...
Terry Lao
In order to succeed..............someone or others must fail ?
In order to succeed..............someone or others must fail? Agree or disagree?This is a general question, which pertains to pretty much anything, including real estate. In real estate, there are many properties, but...
Wes Burk
Why should a seller short sale?
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
William Coet
Multifamily Prices so High that Only Cash Makes Sense, But Why Not Put Cash in CDs?
I don't have the cash, but other buyers do. I still would like to understand why they are paying the prices they are when they could put the cash in a CD and earn interest worry (and work) free.
I'm referring to mul...
Leon G.
Getting out of the rental business after 10 years
Hello; I currently own two rental units. a duplex and a SFH. I just got notice that both renters in my duplex are vacating end of March. After a $500 plumber bill I no longer wish to continue stressing out about this ...